Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Personal Finance
5 Things Any Client Would Want in a Financial Institution
Guest Post | Sep 20, 2021
Loan facilities are the ultimate solution to many problems, especially those involving accidents and natural disaster. Nevertheless, one could hesitate a little before deciding to opt for loans and financial support, unless, of course, they find the below facilities offered by an institution.
Low Interest Rates
Interest rates are the first thing that might pop in a potential client’s mind at once when they want to consider getting a loan of any type. Clients would truly wish for the lowest possible interest rates because it surely is no fun paying a lot, is it?
See: John Ruffalo Interview: Resiliency in Uncertain Times
The interest rate offered by a financial institution is usually what will determine a client’s decision, that is, whether or not they should go ahead with the specific institution for their loan requirements. Thus, the lower the rates are, the happier the client, and the higher chance that they’d choose the specific service.
Simple Application Procedure
Let’s not deny it, complex application procedures do not appeal to any client, especially to those in need of urgent financial support. There is a high chance of financial services losing their clients owing to this reason alone. Clients usually seek urgent financial assistance when they are in some kind of trouble. In such situations, dealing with other complexities is the last thing they’d want to, or be able to do. Thus, the simpler the application procedure is, the likelier the client will choose the service.
Quick Approvals
As mentioned previously, clients do not wish to waste time. In fact, they cannot afford to. The reason they look simple procedure is obviously, because the whole process becomes quicker. When a client has applied for a loan, they want to receive approvals at the earliest. Thus, any financial company that offers the facility is always going to be a client’s first preference. There might be so much that a client may have got to do with the money he has borrowed, and so, the sooner things work out for him, the better for sure! Look up litigation funding Canada has many such services. You can find the best and fastest ones available.
No Hidden Fee
It is true that clients fear being charged with hidden fee when it comes to loans and financial dealings with institutions. Such things are serious matters to clients, and ideally, shouldn’t be happening with them when they’ve placed their complete trust in an institution for support. Any fee being charged, whether in connection to your auto accident loans or something else, needs to be communicated to the client. So do the rest of the terms and conditions.
Multiple Services
The availability of multiple services is always seen as a great benefit by clients. In other words, nothing can be more relieving and fulfilling to a client if solutions can be offered by a single organization to their multiple problems. There are many financial institutions who offer wholesome services that clients benefit from hugely. In fact, some may look for such institutions more particularly. Therefore, Companies offering a range of quality services are likelier to draw more customers, naturally.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Bitcoin ETF option gives investors a safer and liquid way to get exposure
Investment Executive | Pat Dunwoody | Sep 7, 2021
The advent of the ETF option offers investors a liquid and safer way to get exposure
If you were to pick a word that best encapsulates the experience of the past few years, it might be “disruptive.”
One disruptive trend that seems to have caught many investors’ attention: cryptocurrency ETFs. Canada introduced the first set of cryptocurrency ETFs in the world in February. Since then, this ETF category has seen exponential growth, gathering nearly $4.6 billion in assets under management as of August 31.
See: SEC’s Hester Pierce and Ark Invest’s Cathie Wood Bats for Bitcoin ETF Amid Recent Correction
Other countries are attempting to catch up: in the U.S., 16 Bitcoin ETF prospectuses have been filed with the Securities and Exchange Commission. In August, a French asset manager was granted approval to launch an ETF for European investors with a correlation to the price of Bitcoin using a basket of securities. To date, however, Canada remains the only country to have successfully launched futures-based and direct cryptocurrency ETFs, as well as inverse options.
“Cryptocurrencies have captured investors’ attention for a variety of reasons. For one, they represent a new zeitgeist for financial markets — a ‘new gold’ that is digital, decentralized and non-correlated to traditional asset classes,” said Hans Albrecht, vice-president and portfolio manager with Horizons ETFs Management (Canada) Inc. “But perhaps what’s caught most investors’ attention has been the performance. We’ve seen the outsized return potential of cryptocurrencies, albeit with significant volatility risks. For Canadian investors, ETFs have become the easiest way to chase that potential and get exposure fast to popular cryptocurrencies like Bitcoin and Ethereum.”
The advent of the ETF option offered investors a liquid, safer and truer-to-NAV way to get exposure.
Another benefit of the ETF model versus buying cryptocurrencies directly: ETFs are eligible for use in registered investment accounts, including TFSAs and RRSPs. Bitcoin has returned more than 400% since Sept. 2020, and tax-free and registered accounts offer a potent vehicle for storing your cryptocurrency exposure.
See: Cathie Wood’s Ark grants itself power to buy Canadian Bitcoin ETFs
“While many investors ultimately want exposure to Bitcoin or other cryptocurrencies, another option that more risk-averse investors have sought out is to own the ‘picks and shovels’ for these mineable digital currencies,” said Albrecht.
“There is a growing ecosystem enabling these cryptocurrencies to function, whether it’s the digital exchanges that they trade on, the blockchain and cloud computing infrastructure that enables the transactions or even the hardware, from GPUs [graphic processing units] to semiconductors needed to mine and power them. Many of these sub-sectors and companies see some correlation to the prices of cryptocurrency, but may provide more of a safety-net given their diversified business operations.”
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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A Regulated Stablecoin Means Having a Regulator
Paxos | Dan Burstein | Jul 21, 2021
Dan Burstein is the General Counsel and Chief Compliance Officer of Paxos
I have been reading with a combination of disbelief and exasperation the recent claims by Circle that “USDC has become the world’s most trusted and well-regulated dollar digital currency,” as well as claims by Tether that “Tether is registered and regulated.” Neither USDC nor Tether is a regulated digital asset, for the simple reason that neither token has a regulator. In fact, neither USDC nor Tether tokens are “stablecoins” in anything other than name. These tokens are backed by illiquid and risky debt obligations – a critical weakness that no prudential regulator would allow to exist as this creates undue risk for their customers.
This is the key issue. Even if USDC or Tether adjusted their reserving practices so that their tokens were to actually become stablecoins (legitimately backed, 1:1, by US dollar or equivalents), rather than just in name, that should still be of grave concern to customers, regulators and public interest groups. As we have all seen time and again, proper regulation of financial services firms – which must include comprehensive oversight of the products and services offered by those firms – is the only way to protect clients and customers. What does that mean tangibly? There is direct oversight of client protections, resolution planning if there is a failure, privacy protections, consistent reserving practices plus audits and exams to verify this. In other words, even if USDC or Tether decided to now fully back their tokens with dollars, there would be nothing to prevent them from changing those practices back at will.
See: A Visual Explanation of Algorithmic Stablecoins
As a former financial regulator, and through my role at Paxos Trust Company, I have participated in the hard work of getting actual regulated stablecoins approved by an actual regulator, subject to the actual limitations that being regulated puts on a token. So I know what it means for a digital asset to be regulated; it means that a prudential regulator imposes safety and soundness requirements on the reserves backing the asset. As this ecosystem rapidly expands, it’s important to clarify what regulation is and what it is not.
This is deeply important as the crypto industry generally and specifically stablecoins shifts from early adopter instruments to mainstream consumer payments for goods and services. This shift has the potential to change the lives of everyone in the world, particularly those without ready access to the financial system — unfortunately, still billions of people today. Transparency in operations is crucial and should be required, but in itself is not enough. Trustworthiness and regulation are instrumental to realizing the enormous potential of stablecoins in the long-term.
REGULATED STABLECOINS
As of today, there are exactly three regulated dollar-backed stablecoins in the world: Paxos Standard (“PAX”) and Binance Dollar (“BUSD”), both issued by Paxos Trust Company, and the Gemini Dollar (“GUSD”), issued by Gemini Trust Company. Paxos and Gemini are both Trust companies regulated by the New York State Department of Financial Services (“NYDFS”).
Read: Stablecoins: What’s old is new again – speech by Christina Segal-Knowles
Trusts are required to have their products and services approved and supervised by NYDFS. PAX, BUSD and GUSD are expressly approved by the NYDFS and supervised by the regulator on an ongoing basis. This means:
- The value of each stablecoin token is tied directly to the value of the US dollar, and the amount of “reserve” dollars equal or exceed the number of stablecoins outstanding.
- Regulators are overseeing the establishment and maintenance of reserves backing the stablecoins.
- Reserves may only be held in the safest forms, such as FDIC-insured bank accounts and in short-term maturity US Treasury instruments.
- Reserves are fully segregated from corporate assets, specifically for the benefit of token holders, and are held bankruptcy remote pursuant to the New York Banking Law.
Regulatory oversight is important because it assures stablecoin users that the dollars underlying their stablecoins are secure and will be immediately available when they want them. The NYDFS ensures the Trust companies and their individual tokens are following its strict rules at all times. Additionally, NYDFS regulatory oversight meets the ten high-level recommendations for stablecoins set forth by the Financial Stability Board in an important report issued last year for the G20.
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Is Staking Crypto The Same As Interest?
Coinwut | Casper | May 22, 2021
According to the website Staking Rewards, the staking market capitalization reached more than $600 billion in April 2021.
Is Staking the Same As Interest?
In general, staking and interest aren’t the same thing. You earn interest on your money by lending it to others. However, staking is a mechanism of gaining rewards in exchange for committing your crypto tokens to the top nodes in the network (known as validators) so that they can validate transactions and record them in the blockchain.
Nevertheless, staking and earning interest have some similarities. For one thing, they’re both methods of passive investment.
See: The Intersection of Ecommerce and NFTs: How NFT Technology is Changing DeFi
Secondly, you lose access to your funds in both scenarios. In lending, you give your money to a borrower and can’t access it until repayment. A similar concept exists in staking called the “lockup period.”
However, while you can’t do anything with your staked coins, you receive rewards daily, and you can use them in whatever way you like.
Finally, there’s ROI to consider. Staking rewards are generally higher than interest rates.
Before digging deeper, let’s explain staking in more detail.
In Proof-of-Work (PoW) blockchains like bitcoin, users validate transactions by mining, which is a computationally intensive mechanism.
In blockchain terminology, validating transactions means confirming that the transaction isn’t fake and writing it to the database. This confirmation process makes sure no one can manipulate the network’s data (e.g., steal other people’s crypto).
Since PoW algorithms burn lots of energy, some blockchains have adopted Proof-of-Stake (PoS) protocols as a more efficient and scalable alternative.
In PoS blockchains, like Ethereum, Cardano, and EOS, the way to secure a network is called staking. Users pledge their crypto, and the network randomly selects these users to validate transactions and create blocks.
The more coins a user stakes in the network and the longer they stake them, the more chance they’ll have to become the validator and receive rewards.
What Are Other Differences Between Staking and Interest?
The first difference between staking and lending has to do with the randomness we discussed in the previous section.
In lending, the interest rate is either fixed or floating, but there’s no element of chance. You give a loan to some entity, and that entity has to repay you the principal and interest. However, earnings from staking can vary day by day, depending on network traffic.
Read: More Ethereum Has Been Burned Than Minted in the Past 24 Hours
Note that some staking platforms, like Binance, show you an annual return before you stake your coins, but even those rates are subject to daily variations and often change during your lockup period.
Other than randomness, staking and lending are different in terms of risks.
Probably the most important risk of lending is the risk of default, meaning the borrower doesn’t return your money. And if you’re lending crypto, the risk is more serious, because unlike banks and other traditional lending institutions, many crypto lending sites are unregulated.
So, in some situations, you won’t have the support of law enforcement agencies.
On the other hand, staking’s largest risk is volatility. In most POS networks, you have to lock up your crypto for some time. So, for example, if TRX prices plunge while you’re staking your tokens on Tron, you can’t do much to limit your losses.
In some cases, you can redeem your tokens within 24 to 72 hours, but you’ll forfeit all your staking rewards. And who knows what happens by then?
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Bitcoin Falls to Lowest in Month as El Salvador Rollout Falters
Bloomberg | Vildana Hajric | Sep 7, 2021
Bitcoin plunged as much as 17% to its lowest level in a month as El Salvador’s crypto rollout appeared to be faltering.
The largest cryptocurrency fell as low as $43,050 in New York Tuesday, tumbling more than 10% in the course of an hour, before recouping about half the losses. The Bloomberg Galaxy Crypto Index, which tracks some of the largest digital tokens, lost as much as 19% at one point.
“Mystery selloffs, or selloffs where a legitimate reason is only found a significant while later are much more common in crypto than in other asset classes,” said Stephane Ouellette, chief executive and co-founder of FRNT Financial. “The market remains far more opaque and global than most if not all other notable asset classes.”
See: El Salvador approves Bitcoin as legal tender – the first country to do so
The swiftness of the plunge was likely accelerated as more than 336,000 traders had their accounts liquidated over the past 24 hours, equal to around $3.6 billion worth of crypto, according to data from Bybt, a crypto futures trading and information platform.
“It didn’t surprise me that Bitcoin didn’t rally on the El Salvador news, but this pullback is weird, especially since it came mid-morning and not shortly after the news broke,” said Matt Maley, chief market strategist for Miller Tabak + Co. “If it was a ‘fat finger’ at a hedge fund or brokerage firm, it won’t be a problem. If it is something else, I’ll become a lot more worried.”
The retreat comes as Bitcoin faces one of its biggest test in its 12-year history as El Salvador became the first country to adopt it as legal tender. The Central American nation’s president, Nayib Bukele, said on Twitter that the digital wallet being used in the project can now be downloaded after it was shut down earlier because of technical glitches.
The wallet, known as Chivo, comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.
See: Crypto in Canada: Where are we today, and where are we heading?
Users on platforms including Twitter and Reddit had discussed plans to buy $30 worth of Bitcoin en masse on Tuesday to mark El Salvador’s law coming into effect. The potential coordinated price pump echoes previous online campaigns targeting meme stocks like GameStop Corp.
Bukele also said during the price slide that he was buying the dip, commenting on Twitter that 150 new coins were added and that the country now holds 550 Bitcoin. “Cryptocurrency” and “cryptocurrencis” were trending on Twitter at one point.
Just walked into a McDonald's in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no.
But low and behold, they printed a ticket with QR that took me to a webpage with Lightning invoice, and now I'm enjoying my desayuno traditional! pic.twitter.com/NYCkMNbv7U
— Aaron van Wirdum (@AaronvanW) September 7, 2021
https://twitter.com/maguiluz301/status/1435267945412890631?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1435267945412890631%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fd-42912818683435902027.ampproject.net%2F2108192119000%2Fframe.html
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Gen Z: the end of status quo banking?
WALO | Rim Charkani | Aug 31, 2021
Canadians are notoriously loyal to their financial institution (FI). Only 3% of them jump ship every year because switching costs act as a silent yet strong deterrent in banking. Imagine having to transfer all your recurring payments and deposits to a new chequing account. Fears of complications set in, and you resign yourself to the status quo.
While family and friends are still determining factors when choosing a lifelong financial service provider, relying on a history of apathy simply will not cut it nowadays. Establishing a meaningful relationship based on true added value is thus critical for FIs to capture and retain Generation Z's attention.
SAME SAME, BUT DIFFERENT
In some ways, Gen Z is no different than previous cohorts. They want their money to be safe and make better financial decisions. Surprisingly, they also value things like branch proximity and greater trust levels associated with well-established FIs.
Yet, Gen Z members are a different breed evolving in new technological times. Word of mouth defines brand adoption for products that need to be social, digital, educational, and offer value over time. If a relevant added value is not there, this tech-savvy, mobile-first generation will go somewhere else.
A GAP TO BE FILLED
Current technological shifts have created a void - some Gen Zers get cell phones before 10 years old and are active on social media by the time they are 12. Yet, a lot of them do not have payment cards or bank accounts until they are 18.
See: Fintech Startup WALO Goes Live With A Gamified Financial Literacy App for Kids and Parents
That does not mean that teens will abstain from mobile banking during those years. It just means that, in an era where hard cash is no longer king and online shopping is a must, traditional banking methods have failed them.
CONNECT EARLY
Financial habits are set as early as seven years old, which often coincides when parents start giving an allowance. Remarkably, a lot of big banks have overlooked the impact Gen Z will have on their line of business. If FIs do not connect during this current window of opportunity, someone else will.
“As fintech and big tech players expand their payment functionality, banks will need to be invested in teen banking — or risk being left behind.” Morgan Stanley Research
In Canada, we can just look to Europe for a glimpse into the future. Open banking, neobanks, consumer-friendly legislation and services like the UK's Current Account Switch Service will eventually come to Canada.
And if there is one lesson to be learned, it is that embracing those changes is crucial. FIs who were adequately prepared are thriving in this new environment. By doing nothing, Canada is at risk of becoming a net importer of financial technology for teens.
BE RELEVANT
In the end, it all comes down to being relevant for tomorrow’s mass customers, Generation Z, right NOW.
Gen Z’s appetite for new payment products and experiences is a no-brainer. There are clear signs that their demands for alternative cashless, context-relevant and rewarding mobile experiences are unmet.
This technologically savvy cohort represents a massive opportunity for FIs willing to provide products tailored to their needs. Those FIs looking for ways to drive meaningful mobile engagement for Gen Z can rely on Fintechs such as WALO.
An early value-added relationship between the youth and FIs will pave the way for loyal and lucrative lifelong relationships.
Learn more about Rim and the WALO mission on NCFA's Fintech Fridays podcast:
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Best Budgeting Tips for College Students
If you are a college student trying to manage his finances and looking for budgeting tips, this article is appropriate for you. Budgeting for college students has never been easy because college life is more about being carefree and enjoying independence. But college life also means being more responsible, accountable, building a career, getting a job, balancing classes, joining online courses, and enjoying life.
In my life, I have seen a lot of young people saddled with debt because of their overspending habits and fewer savings. It can become a burden in the lives of young college students if not reinforced smart spending and more saving habits. Here are some practical, real-world budgeting tips for college students that will help you live a financially stable and free life without relying on parents for financial safety.
1. Overestimate Your Expenses & Underestimate Your Income
As a student, when you start overestimating your expenses, you will somehow spend less and end up with a surplus at the end of the month. Likewise, when you underestimate your income, you will cut your unnecessary expenditures that will positively benefit your overall budget. Many small and big companies follow this strategy to plan their yearly or quarterly budgets.
2. Get a Job
A part-time job is a great way to earn some extra money while you are studying. From working in a call center to working on campus, students can easily find a job that will add extra cash to their pockets. Find a part-time job, internships, or do volunteering as per your interests will be a great help in managing your budget. If you are stuck with some homework and wish someone can do my accounting homework, you can look for a prolific platform like TFTH that provides homework help to working students at reasonable rates.
3. Create a Monthly Budget
One of the most important financial decisions you will make as a student is to plan a monthly budget. Use these steps without making things complicated and reach your future financial goals. Firstly, start by listing all your incomes, then identify all your expenses, including your every single expense, whether food, shelter, bills, everything. Now, all you need to do is review your spending, analyze your budget, make adjustments, and look for ways to manage and reduce your expenses. A state or a business always has its budget monitored. A person or family should monitor and plan their incomes and expenses with a budget template.
4. Build Your Emergency Fund
Even if you are a student or not, through proper budgeting, you can ensure that when you have the rainy day savings, you are ready for unforeseen scenarios you never anticipate. With an emergency fund, you are actually setting for expenses that fall outside the categories of monthly and periodic bills.
See: How FinTech Companies Can Help Students?
Life has ways of throwing unexpected costs at us, so with emergency funds, you won't have to lend money and may avoid unnecessary borrowing.
5. Differentiate Between Needs and Wants
Differentiating between needs and wants is almost necessary for international students who need to cover their living and study expenses. Needs are something that you must have to live a life. A student who is looking for the best budgeting tips must take care of what they actually need and what they want to add comforts to their life. Stop using your savings to spend on unnecessary things that you will regret later. Maybe these savings don't matter now, but they add up little by little in the future.
6. Pay off Your Debts
Don't know how paying off your debts will help you in your budgeting? Well!! A good first step to managing your finance is to keep track of current debts and your progress toward repayment. Whether you have a student loan, credit card debt, or something else, determine which loan has a high-interest rate and start clearing payments to cut it down as quickly as possible. You can do a job, cut your expenses and bills to pay off your debts. When working, if you struggle to submit homework and wish if someone can do my homework for money, look for platforms like EduWorldUSA to get your homework done.
7. Use Student's Discount, Deals, and Offers
No matter where you are, as a student you can grab offers, freebies, and discounts if you have your student ID. Many of us think that a student ID is just for personal identification but wait no. It is a key that will help you unlock various deals and offers to get the stuff you want the most by spending less.
See: Meta-analysis shows Emotional intelligence is more important for being a successful entrepreneur than mental ability
Plenty of clothing retailers, book retailers, pricey software, theatres, and few chain restaurants offers student's discount. You can also find online coupon codes on many items when purchasing groceries. Using these offers and coupons will help you spend less money and add up to your monthly savings.
8. Do Comparison Shopping
When you want to buy something, comparison shopping can help you stay within your budget. The practice of comparison shopping is useful when you buy something cheap as well as expensive. Students can take advantage of this shopping to do a good amount of savings. Look for online websites, offline shops, company's outlet, and then buy your things from where you get satisfied. For example, if you want to buy a digital watch, look for watch features that you need, compare various brand watches, customer reviews, customer service, and choose the one that fits your budget and goes well with your needs.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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